AL-SALAM REIT ANNUAL REPORT 2020
31 ANNUAL REPORT 2020 Profile of Designated Person responsible for Shariah matters relating to Al-Salam REIT In relation to Shariah matters, the designated person responsible for the fund investment activities under Al-Salam REIT is Muhammad Shahier Sa’min. He is currently the Head of Business Development, Business Advisory, IBFIM. Muhammad Shahier started his career in IBFIM as Consultant (Shariah) in January 2015 and was a member of IBFIM Shariah Committee in 2015 – 2017. He later pursued his career as Senior Executive, Shariah Compliance at Malaysia Debt Ventures Berhad until June 2019. Afterwards, he was offered to join IBFIM again as the Head of Business Development until to date. At IBFIM, he is responsible in providing input on the advisory, consultancy and research functions with regard to Islamic banking, takaful, Islamic capital market and Shariah-compliant unit trust funds. He is experienced in conversion of conventional product to Islamic as well as audit and review for financial institutions. He is also actively providing training for various inhouse training workshops organized by IBFIM. Muhammad Shahier graduated with Bachelor of Shariah (Economics and Islamic Banking) (Hons.) from Yarmouk University, Jordan. At present, he is pursuing Certified Professional Shariah Auditor (CPSA). He is registered with the Securities Commission Malaysia as IBFIM’s designated person responsible for Shariah matters related to the Islamic funds management related activities. THE SHARIAH ADVISORY COMMITTEE ABOUT THE SHARIAH ADVISER IBFIM is a lifelong learning institution for the Islamic financial services industry. IBFIM is also a registered Shariah adviser under the Capital Market Services Act 2007 and has been providing a wide range of Shariah advisory and consultancy services for Islamic financial services industry since 2001. As Shariah Adviser to Al-Salam REIT, IBFIM is providing necessary advice to ensure that Al-Salam REIT business is Shariah compliant. IBFIM was appointed as Shariah Adviser for Al-Salam REIT REIT effective 2 July 2020. Notes: - None of the Shariah Advisory Committee member have: • Any family relationship with any Director of Manager and/or major unitholder of Al-Salām REIT; • Any conflict of interest with Al-Salām REIT; • Any conviction of interest within the past 5 years (other than traffic offences); and • Any public sanctions or penalties imposed by the relevant regulated bodies during the financial year ended 31 December 2020
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